give president obama a mandate to do just that? >> i think it should be part of the discussion. the argument sometimes from conservatives, and also from not just the 1%, but the 0.1%, is, does it make sense to focus on the rich if there is not that much revenue there? actually, i think so much money is concentrated at the top of the income distribution, there is money to be had. but equally important hit a sense of fairness. as warren buffett has pointed out, the fact that he pays taxes at an effective rate much lower to that -- much lower than that of lower-income americans, makes it hard to look at this as a shared sacrifice. >> and republicans argue that the wealthy are job creators and they may not be able to stimulate the economy as much as a mite -- as they might.